1247 MAIN STREET E, Hamilton (Crown Point)

$549,000

For sale: Other

Other at 1247 MAIN STREET E, Hamilton (Crown Point)
Property type
Commercial Retail
MLS®
MLS® X13754938
Neighbourhood
Crown Point

Prime commercial opportunity in Hamilton's rapidly transforming Main Street corridor! This approximately 1,300 sq. ft. commercial building offers excellent versatility for both owner-users and investors. Previously operated as a high-traffic takeout restaurant, the property features a walk-in freezer and large commercial canopy hood, providing an excellent setup for a restaurant, coffee shop, bakery, pizza shop, specialty meat shop or other food-related business. Equipment is available separately and is negotiable directly with the seller. Vacant possession is available, offering flexibility for retail, professional office, medical or pharmacy use, subject to zoning and approvals. The property also offers rear parking with ample space for multiple vehicles. Located along the future Hamilton LRT corridor, this property presents strong potential for increased exposure, accessibility and long-term appreciation. Mid-density zoning adds further potential for future intensification, subject to municipal approvals.

Sold data

Homes in Crown Point — recent sold market

Homes in Crown Point took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 44, across 36 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.

The median sale price was $497,400.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$497,400
Sale-to-list ratio
97.2%
Sold above asking
11%

Based on 36 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Crown Point)

Hamilton (Crown Point) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.

Rated schools
130
Elementary
108
Secondary
22
Average rating
5.6 / 10

Top-rated schools in Hamilton (Crown Point)

  • Corpus Christi — elementary, HamiltonFraser rating 10.0/10
  • Norwood Park — elementary, HamiltonFraser rating 8.4/10
  • Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
  • Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
  • Westmount — secondary, HamiltonFraser rating 7.3/10
  • Sacred Heart — elementary, HamiltonFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1247 MAIN STREET E